Wednesday, March 25, 2009

Contract: Lockheed, $320M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded $320,000,000 not to exceed modification to a previously awarded advance acquisition contract. This modification provides for long lead materials and efforts associated with the Joint Strike Fighter Air System Low Rate Initial Production Lot III procurement of the required special tooling, special test equipment and technical assistance. Work is expected to be completed in November 2011. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 03/25/09) Gulf Coast note: Eglin Air Force Base, Fla., is scheduled to become home to the JSF training center